Brambles (OTCMKTS:BXBLY) Sets New 12-Month High – Should You Buy?

Brambles Ltd. (OTCMKTS:BXBLY)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $36.00 and last traded at $36.00, with a volume of 29636 shares traded. The stock had previously closed at $35.59.

Analyst Ratings Changes

Separately, Zacks Research raised Brambles to a “hold” rating in a research report on Thursday, February 5th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Brambles Stock Performance

The company has a quick ratio of 0.64, a current ratio of 0.67 and a debt-to-equity ratio of 0.52. The business has a 50-day moving average of $32.18 and a 200-day moving average of $32.09.

Brambles Company Profile

Brambles Limited (OTCMKTS:BXBLY) is a global supply-chain logistics company headquartered in Sydney, Australia, best known for its pooled pallet and reusable packaging services. The company operates the CHEP brand for pallets and larger load-carrier solutions and the IFCO brand for reusable plastic crates, offering customers standardized, shared assets that move goods through retail, grocery, manufacturing and other supply chains.

Brambles’ core activities include the management, distribution and maintenance of pooled pallets, crates and containers; repair and refurbishment services; and logistics support such as asset tracking and inventory management.